Visiting Academic Scholars Named by the Office of Economic Analysis
The SEC announced the appointment of Dr. Hong Yan and Dr. Allan Zebedee as visiting academic scholars to support research on mutual funds and market structure, with no fraud, charges, or financial misconduct involved.
The SEC’s Office of Economic Analysis appointed Dr. Hong Yan and Dr. Allan Zebedee as visiting scholars in August 2005, with Yan serving for one year and Zebedee for two years. Neither individual was accused of any wrongdoing; their roles were purely academic, focused on supporting SEC research into mutual fund regulation, hedge funds, market microstructure, and enforcement-related economic analysis. No dollar amounts, legal charges, or fraudulent activity are associated with this routine scholarly appointment.
In August 2005, the SEC’s Office of Economic Analysis announced the appointment of Dr. Hong Yan and Dr. Allan Zebedee as visiting academic scholars to support economic research within the agency. Dr. Yan, an Assistant Professor of Finance at the University of Texas at Austin, specializes in asset pricing and mutual fund performance, while Dr. Zebedee, from San Diego State University, focuses on market microstructure and corporate finance, including the impact of repurchase programs and IPO aftermarket dynamics. Yan’s one-year term and Zebedee’s two-year term were designed to enhance the SEC’s analytical capacity in areas such as mutual fund regulation, hedge fund oversight, and market execution quality. Neither scholar was implicated in any fraud, investigation, or legal proceeding; the appointments were purely academic and non-adversarial. The announcement emphasized their scholarly credentials and ongoing research, not any enforcement actions or financial penalties. No monetary figures, charges, or outcomes are relevant, as this was a routine hiring of external experts to aid regulatory research. The press release, issued on August 29, 2005, underscores the SEC’s engagement with academic experts to inform policy, not to prosecute misconduct.
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- agency the securities and exchange commission's office of economic analysis
- The Securities and Exchange Commission's Office of Economic Analysis Announce the appointment of Dr. Hong Yan as a Visiting Academic Scholar for a one-year term
- OEA Announce the appointment of Dr. Allan Zebedee as an Economic Fellow for a two-year term
- Yan Be currently an Assistant Professor of Finance in the McCombs School of Business, University of Texas at Austin
- Zebedee Be currently an Assistant Professor of Finance at San Diego State University
- Yan Receive his Ph. D. in 1999 from the University of California at Berkeley in business administration, specializing in finance
- Yan Have his area of expertise is asset pricing and investment management
- Yan Focus on the performance of mutual funds, investor behavior in mutual funds and its implications for the incentives for fund managers
- Zebedee Receive his Ph. D. in 2001 from the University of California, San Diego in economics, specializing in financial econometrics
- Zebedee Focus on using market microstructure data to examine broader issues in corporate finance
- Zebedee Examine the impact of corporate repurchase programs on market liquidity and the effect of convertible bond calls on the underlying equity assets
- Zebedee Have an article forthcoming in the Journal of Financial Markets examining the role of institutional investors in the aftermarket of initial public offerings
- Yan Join other researchers on projects involving work on mutual fund regulation, issues related to hedge funds and other areas as dictated by SEC priorities
- Zebedee Join other researchers on projects involving work on enforcement, market structures and execution quality, as well as other areas as dictated by SEC priorities
VISITING ACADEMIC SCHOLARS NAMED BY THE OFFICE OF ECONOMIC ANALYSIS FOR IMMEDIATE RELEASE 2005-121 Washington, D.C., August 29, 2005 -- The Securities and Exchange Commission's Office of Economic Analysis today announced the appointment of Dr. Hong Yan as a Visiting Academic Scholar for a one-year term. Simultaneously, OEA announced the appointment of Dr. Allan Zebedee as an Economic Fellow for a two-year term. Yan is currently an Assistant Professor of Finance in the McCombs School of Business, University of Texas at Austin, while Zebedee is currently an Assistant Professor of Finance at San Diego State University. Yan received his Ph. D. in 1999 from the University of California at Berkeley in business administration, specializing in finance. His area of expertise is asset pricing and investment management. His recent research has focused on the performance of mutual funds, investor behavior in mutual funds and its implications for the incentives for fund managers. Zebedee received his Ph. D. in 2001 from the University of California, San Diego in economics, specializing in financial econometrics. His research has focused on using market microstructure data to examine broader issues in corporate finance. Specifically, his recent research has examined the impact of corporate repurchase programs on market liquidity and the effect of convertible bond calls on the underlying equity assets. In addition, he also has an article forthcoming in the Journal of Financial Markets examining the role of institutional investors in the aftermarket of initial public offerings. While at the Commission, Yan will join other researchers on projects involving work on mutual fund regulation, issues related to hedge funds and other areas as dictated by SEC priorities. Zebedee will join other researchers on projects involving work on enforcement, market structures and execution quality, as well as other areas as dictated by SEC priorities. http://www.sec.gov/news/press/2005-121.htm Home | Previous Page Modified: 08/29/2005
VISITING ACADEMIC SCHOLARS NAMED BY THE OFFICE OF ECONOMIC ANALYSIS FOR IMMEDIATE RELEASE 2005-121 Washington, D.C., August 29, 2005 -- The Securities and Exchange Commission's Office of Economic Analysis today announced the appointment of Dr. Hong Yan as a Visiting Academic Scholar for a one-year term. Simultaneously, OEA announced the appointment of Dr. Allan Zebedee as an Economic Fellow for a two-year term. Yan is currently an Assistant Professor of Finance in the McCombs School of Business, University of Texas at Austin, while Zebedee is currently an Assistant Professor of Finance at San Diego State University. Yan received his Ph. D. in 1999 from the University of California at Berkeley in business administration, specializing in finance. His area of expertise is asset pricing and investment management. His recent research has focused on the performance of mutual funds, investor behavior in mutual funds and its implications for the incentives for fund managers. Zebedee received his Ph. D. in 2001 from the University of California, San Diego in economics, specializing in financial econometrics. His research has focused on using market microstructure data to examine broader issues in corporate finance. Specifically, his recent research has examined the impact of corporate repurchase programs on market liquidity and the effect of convertible bond calls on the underlying equity assets. In addition, he also has an article forthcoming in the Journal of Financial Markets examining the role of institutional investors in the aftermarket of initial public offerings. While at the Commission, Yan will join other researchers on projects involving work on mutual fund regulation, issues related to hedge funds and other areas as dictated by SEC priorities. Zebedee will join other researchers on projects involving work on enforcement, market structures and execution quality, as well as other areas as dictated by SEC priorities. http://www.sec.gov/news/press/2005-121.htm Home | Previous Page Modified: 08/29/2005